Amudi Foods to launch IPO about 2 million shares

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Amudi Foods Limited has announced plans to sell its ordinary shares (IPO). The company will offer a total of 2 million shares. For the manufacturing sector, the IPO will be sold to the public at a face value of 100 rupees per share. Amudi has appointed Global IME Capital Limited as the issue and sales manager for this process.

The company and Global IME Capital have signed an agreement for the share issuance. The signing ceremony was held on Monday at the central office of Global IME Capital in Naxal. Amudi Foods was represented by its chairman, Achyut Basnet, while the capital company was represented by its chief executive officer, Mandip Luintel.

About Amudi Foods Limited

Amudi Foods’ corporate office is located in Koteshwor, Kathmandu Metropolitan City-32. The food production factory is in Gondrang, Bharatpur Metropolitan City-12, Chitwan. The company is backed by well-known businesspeople, industrialists, educators, and respected personalities with experience in different fields. Amudi Foods Limited produces various brands of snacks.

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NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on the market.
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